$600-Million Contract for Naval Nuclear Components

Babcock & Wilcox Nuclear Operations Group Inc. now has the second release of a multi-stage contract from the U.S. Department of Defense for manufacturing nuclear components for various defense programs. The order is worth $600 million, part of an overall $2-billion assignment that started in 2010, and covers parts for nuclear-powered submarines and aircraft carriers.

Manufacturing started last month and will be carried out over eight years at B&W NOG’s four plants in Lynchburg, Va., Barberton and Euclid, Ohio and Mt. Vernon, Ind.

B&W NOG is a business unit of Babcock & Wilcox Co. that produces components for U.S. defense programs, and its subsidiary Nuclear Fuel Services Inc. operates a uranium fuel materials production facility to support the U.S. fleet of nuclear-powered submarines and aircraft carriers. It also converts government stockpiles of highly enriched uranium into material suitable for further processing into commercial nuclear reactor fuel.

“We are pleased to receive this additional work and continue B&W’s ongoing support of U.S. defense programs,” stated B&W NOG president Peyton S. Baker. “We look forward to continuing to provide reliable and technologically advanced nuclear products that play an important role in our nation’s security.”